Rani Jarkas, the Chairman of Cedrus Investments, which is a worldwide boutique for Investment Firm, has constantly underlined on a worldwide approach and entrepreneurial soul. His aggressive nature has given him a chance to make incredible progress that it's difficult to say the achievement history in insignificant words.

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Category Archives: Nanotechnology

The largest trading nation in the world looks forward to reduce transaction cost in international trade, which is, for the most part, settled in US dollars at the moment. Renminbi has joined the ranks as one of the most-widely used currencies in international markets.

CNBC reports that the renminbi is positioned as the largest trade-finance currency in the world after the US dollar. The Chinese currency is expected to outperform the Japanese yen as the world’s 4th-most used global currency.

Rani Jarkas believes that the data released by the International Monetary Fund (IMF) showed that in 2014 the renminbi had calculated for 2.96 percent of worldwide trades, along with total direct investments which were valued at US$ 1.05 trillion.

In addition, $94 billion of official assets were already held in renminbi at the end of 2014, estimating for 1.1 percent of international foreign exchange reserves.

The IMF last year agreed to incorporate renminbi into its Special Drawing Rights (SDR) currency basket, as a clear representation of the Chinese reforms. Last week, the Monetary Authority of Singapore (MAS) declared that it will include renminbi investments as part of its official foreign reserves from June.

Rani Jarkas, an investment pioneer with several years of financial experience in Asia and Cedrus Investments’ Chairman, commented, “As China plays an increasingly important role on the international stage, RMB is becoming truly global and this is set to continue.”

Dr Irina Grigorieva, a team member, says in a press release from Manchester University: “Our ultimate goal is to make a filter device that allows a glass of drinkable water to be made from seawater after a few minutes of hand pumping. We are not there yet but this is no longer science fiction.”

China’s rapid economic transformation over the last 3 decades has been remarkable both in terms of its speed and scale. However, China is not known for its highly advanced technology manufacturing. “A lot of the entrepreneurial activities around the Asia-Pacific have been great market-needs kinds of things, where people haven’t had to develop a lot of advanced technologies to be successful,” says Dr. Richard Dasherof the US-Asia Technology Management Center at Stanford University.

However, this model is slowly shifting. Thanks to heavy investments in nanotechresearch, public-private partnerships and developments in nanotechnology, I will say within five to ten years China will compete in every part of the industry. China’s investment has already surpassed that of any other country after the US. Since 1999, China’s spending on research and development (R&D) has gone up by more than 20% each year.

Hardly surprisingly, there is a race to become the global leader in nanoscience and nanotechnology. China is rapidly moving to reposition itself away from low value adding economic activity, announcing its ambition to become a global leader in nanoscience and technology.